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BRIEF-Frutarom to buy 60 pct of shares of The Mighty Co
2017年10月18日 / 中午11点50分 / 1 个月前

BRIEF-Frutarom to buy 60 pct of shares of The Mighty Co

Oct 18 (Reuters) - Frutarom Industries Ltd:

* Eighth acquisition for Frutarom in 2017

* Frutarom - agreement for purchase of 60% of shares of The Mighty Co Ltd for about $12 million (ex. debt) and at valuation of about $ 20 million (ex. debt)​

* Frutarom Industries Ltd - ‍ in framework of transaction Frutarom will initially acquire 49% of Mighty ​

* Frutarom Industries Ltd - ‍acquisition will be financed by independent means and through bank debt​

* Frutarom Industries - ‍ subject to conditions precedent and regulatory approvals in Thailand, Frutarom will raise its holdings in Mighty to 60% ​ Source text for Eikon: Further company coverage:

我们的标准:汤森路透“信任原则”
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